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Transfer rumours and paper review with John Cross - Monday, January 21

Newcastle, who lost out on Loic Remy when QPR came in at the 11th hour, could miss out on another top target. The Mapgies have agreed a fee for Montpellier defender Mapou Yanga-Mbiwa but Arsenal boss Arsene Wenger is weighing up a last minute move for the Frenchman. (Daily Mirror)

Arsenal are being offered Lyon midfielder Yoann Gourcuff on loan. The French club are keen to offload the 26-year-old’s £80,000 a week wages. (Daily Mail)

Liverpool have been told they will have to up their offer to land young Brazilian star Philippe Coutinho. The Reds were prepared to pay around £8million for the Inter Milan midfielder, but had that offer rejected at the weekend. (Daily Mirror)

Mario Balotelli's Manchester City future could be decided this week, with talks expected between the Premier League champions and AC Milan on Monday. (Guardian)

Ashley Cole will become the highest paid defender in world football after negotiating a new one-year contract with Chelsea worth just under £200,000 a week. (Daily Mail)

Adel Taarabt is in talks with AC Milan over a move to the San Siro and the Rossoneri are confident of sealing a deal for the QPR playmaker by the end of the month. (Daily Mirror)